It is unclear how severely the decision will delay the buildout of a wind port in Maine, which would create hundreds of high-paying jobs and advance the state’s climate goals.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Norfolk Southern agrees to $600 million settlement in fiery Ohio derailment
The company says individuals and businesses will be able to use compensation in any manner they see fit, but the settlement doesn’t include or constitute any admission of liability, wrongdoing or fault.
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Posted inBusiness, Maine, Politics
Maine House narrowly supports minimum wage for farmworkers
The proposal would make farmworkers eligible for the same minimum wage and cost-of-living increases as other types of workers in the state.
Posted inBusiness, Nation & World, News
Biden administration announces $6.6 billion to ensure microchips are built in the U.S.
The funding is tied to a sweeping 2022 law that President Biden has celebrated and which is designed to revive U.S. semiconductor manufacturing.
Posted inBusiness, Nation & World, News
Asbestos victims in Montana want Buffett’s railroad company held responsible
A trial is set to begin against BNSF Railway over the lung cancer deaths of two people who lived in a town where thousands of people were exposed to asbestos from a vermiculite mine.
Posted inBusiness
Two years after historic win, divided Amazon union lurches toward election
The first labor union for Amazon workers in the United States is divided, running out of money and still does not have a contract two years after clinching a historic victory in New York City
Posted inBusiness, Nation & World, News
Engine cover detaches from Southwest Airlines plane, forcing emergency landing in Denver
A Southwest spokesperson referred to the incident as ‘a mechanical issue.’
Posted inBusiness, Nation & World
When will Fed cut rates? As economy flexes, maybe later or not at all
Friday’s blockbuster jobs report for March reinforced the notion that the economy is managing quite nicely on its own.
Posted inBusiness, Maine
Frequency of ferocious storms, power outages on the rise in Maine
Columbia University public health researchers found that the typical Maine customer went without power for longer than average between 2018 and 2020.
Posted inBusiness, Maine, Morning Sentinel, News
Free beer, muddy camping, gasoline: Bingham businesses gear up for eclipse day crowd
Business owners in Bingham say they don’t know just how big the crowd will be on Monday, but are preparing to be overwhelmed — and have some fun.